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BMW 3-Series Lease Questions

3186 messages,  Last post on Nov 11, 2009 at 8:33 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? BMW, Car Leasing, Sedan, Wagon


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#2508 of 3186
Re: Car Man [carnaught] by Car_man HOST
Nov 03, 2008 (4:12 am)
Reply

Replying to: carnaught (Oct 29, 2008 6:04 pm)

Hi carnaught. I haven't seen BMW Financial Services' new November lease money factors yet, so I can't comment on that aspect of your deal, but I can tell you that the car that you are interested in probably has a spread of around $3,000 to $3,500 between its full MSRP and its dealer invoice price. The $1,977 dealer discount that you were quoted isn't bad, but there's still some room there. Have you tried comparison shopping at all. Things are pretty slow for dealers right now (understatement), there's a decent chance that you will be able to find one that will be willing to beat this deal. Try stopping by the "BMW 3-Series Prices Paid and Buying Experience" discussion to see how much other community members have paid for similar cars lately.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2509 of 3186
Re: 2008 328i Lease Rates [scottyt24] by Car_man HOST
Nov 03, 2008 (4:14 am)
Reply

Replying to: scottyt24 (Oct 31, 2008 6:04 am)

Hi scottyt24. BMW's original money factor for the 2008 328i was probably .00140. Mid-month it enhanced its lease program on all 2008 models. At that point, the factor on this car was lowered to .00075. Unfortunately, this was scheduled to expire at the end of October. I have not seen BMW's new November lease program yet.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2510 of 3186
Re: 2008 335 and 650 convert lease rates [stuboat] by Car_man HOST
Nov 03, 2008 (4:17 am)
Reply

Replying to: stuboat (Oct 31, 2008 10:56 am)

Hi stuboat. BMW is scheduled to introduce a new lease program for November at some point this afternoon. Just in case you are interested, I can tell you what its October program was like for these cars...but keep in mind it is no longer valid.
 
BMW Financial Services' October buy rate lease money factor and residual value for a 36 month lease of a 2008 335i with 12,000 miles per year were .00085 and 58%, respectively for returning BMW FS customers or new ones who opt to pay a security deposit.
 
The numbers for an otherwise identical lease of a 650i Convertible were .00075 and 59%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2511 of 3186
good deal or not? by swong
Nov 03, 2008 (10:32 am)
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Can u help? I dont' have the money factor or residual info, but can u tell me if this is a good deal? I just received this quote online:
 
2008 BMW 328i metallic paint
power seats
BMW assist
i-pod
MSRP 37,545
Invoice 35,180
Selling price 33,999
Drive off $830
36 months 15k miles
442 + tax = 478 per month.
#2512 of 3186
Re: 2008 335 and 650 convert lease rates [Car_man] by gator5000e
Nov 04, 2008 (6:46 am)
Reply

Replying to: Car_man (Nov 03, 2008 4:17 am)

Car_Man,
 
Did BMW announce the November lease program for November yet? If so, could you run it by us or point us to a place where we can check it out? Thanks...This site is great!!
#2513 of 3186
Re: 2008 335 and 650 convert lease rates [gator5000e] by eights38
Nov 04, 2008 (6:59 am)
Reply

Replying to: gator5000e (Nov 04, 2008 6:46 am)

gator5000e,
 
Information is Based on Top Tier Credit and 15k Miles per Year (Add 2% for 12k Miles per Year or 3% for 10k Miles per Year).
 
2008 BMW 335 Convertible
36 Months - 0.00175 Money Factor - 54% Residual
39 Months - 0.00175 Money Factor - 51% Residual
42 Months - 0.00175 Money Factor - 48% Residual
 
2008 BMW 650 Convertible
30 Months - 0.00075 Money Factor - 63% Residual
36 Months - 0.00075 Money Factor - 57% Residual
39 Months - 0.00075 Money Factor - 54% Residual
42 Months - 0.00075 Money Factor - 51% Residual
 
Best,
Matt
eights38gmail.com
#2514 of 3186
November lease figures by chuckjr
Nov 04, 2008 (8:14 am)
Reply
What is the current lease figures for both the 08 and 09 328
I am looking at a 328i sedan w premium package - most likely 12k/year. not sure whether 2 or 3 year.
 
In the previous post Matt mentioned adding 2 and 3% for 12k and 10K leases.
Is this a standard figure or just BMWs?
 
thanks
 
chuck
#2515 of 3186
help anybody! thanks =) by goldenmeeko
Nov 04, 2008 (11:09 am)
Reply
hey guyz im close to getting a 2008 alpine white 335i with auto,prem, navi, ipod, sport, etc. and im going in the dealer on tomarrow and i need your help! im planning to lease for the first time because i realized that i get bored of cars and i have never kept a car for more then 2-3 years so i wanna lease. what should i look out for and how much you think i should pay? i was thinking 1.5-2k down and about low-mid 500s do you think thats possible? or can it be lower?
#2516 of 3186
Re: good deal or not? [swong] by Car_man HOST
Nov 06, 2008 (4:43 am)
Reply

Replying to: swong (Nov 03, 2008 10:32 am)

Hi swong. Over $1,000 under dealer invoice is an excellent selling price for a leased 2008 BMW 328i. Just make sure that the dealer uses BMW Financial Services' current buy rate lease money factor of .00075 to calculate your monthly payment (BMW dealers are notorious for marking money factors up) and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2517 of 3186
Buy rate and residuals for November 2008 by trinityklm
Nov 04, 2008 (12:19 pm)
Reply
I'm looking for someone who knows the November buy rate and residual for a 328i xDrive sport wagon. (3 yr. lease with 15,000 miles/year)
 
I think I'm being quoted high at .00236 with the buy rate.
 
Any ammunition would be appreciated!

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